PUBLISHER: TechNavio | PRODUCT CODE: 1602013
PUBLISHER: TechNavio | PRODUCT CODE: 1602013
Gummy Vitamin Market 2024-2028
The gummy vitamin market is forecasted to grow by USD 4245.5 mn during 2023-2028, accelerating at a CAGR of 10.9% during the forecast period. The report on the gummy vitamin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for on-the-go dietary supplement products, rising awareness regarding health, and rising sales through online channels.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.8% |
CAGR | 10.9% |
Incremental Value | $4245.5 mn |
Technavio's gummy vitamin market is segmented as below:
By Distribution Channel
By Geographical Landscape
This study identifies the availability of gummy supplements for children as one of the prime reasons driving the gummy vitamin market growth during the next few years. Also, development of organic gummies and developments according to dynamic demands for improved flavors among the consumers will lead to sizable demand in the market.
The report on the gummy vitamin market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gummy vitamin market vendors that include Amway Corp., Bayer AG, Catalent Inc., Church and Dwight Co. Inc., Ernest Jackson and Co Ltd, GlaxoSmithKline Plc, Herbaland Gummies, Hero Nutritionals LLC, Ion Labs Inc., Life Science Nutritionals Inc., Makers Nutrition LLC, Mr. Gummy Vitamins LLC., Natures Bounty, Nestle SA, Nutra Solutions USA, Pharmavite LLC, Power Gummies, Rainbow Light, The Honest Co. Inc., and Unilever PLC. Also, the gummy vitamin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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